BAKU, Azerbaijan, December 10. The price of
Azerbaijan’s Azeri Light crude at Italy’s Augusta port, on a CIF
basis, went down by $0.68, or 1.03%, on December 9 from the
previous level, coming in at $65.32 per barrel, a source in the oil
market told Trend.
At Türkiye’s Ceyhan port, the FOB price of Azeri Light crude
decreased by $0.67, or 1.05%, to $63.4 per barrel.
The price of URALS crude dropped by $0.94, or 2.52%, to $36.41
per barrel, while Brent Dated crude from the North Sea declined by
$0.95, or 1.49%, to $62.82 per barrel.
Azerbaijan’s 2025 state budget is based on an average oil price
of $70 per barrel.
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